‘Anchoring’ is a problem with which many of us have to live. We get into some belief and REFUSE to give it up EVEN in the face of tons of data to the contrary. Suppose you had bought Bharti Airtel a few weeks ago at 370, YOU BELIEVE that the price of Airtel is 370 […]
As you get on in years it is not easy to look after your assets. Let me give you some examples: A childless couple in a posh locality (stand alone Bungalows in the capital of the country) got a new ‘nephew’ to stay with them. No clue what happened, man found dead. Police arrested the […]
Sounds very funny does it not? Why would anybody choose to be poor? Or unhappy? Or fail? Well if you read Hindu philosophy in detail you realise the following lessons are taught to you through stories: You are a function of what you chose to be. If you are happy you make the choices to […]
First the good news – you do not have to worry about it unless you keep more than Rs. 5-10 crores in bank fixed deposits. If you do not, just stop reading. However if you are an accountant of a Trust or of a company which deals in such size of Fixed Deposits, you MUST […]
I have written a lot about Investment lessons, here are a few more: 1. Being a Contrarian has to be sensible: You cannot cross the road when the signal is RED. There has to be LOGIC in being a Contrarian. 2. If you do not know the incentive of the person making a pitch to […]
This is a slightly catchy headline. I have no clue whether the following traits will make you successful. However, these are the qualities / characteristics that I have seen in successful people: 1. To earn the basic money to invest, you need to work real hard, AND real smart: There is no escape from this. […]
Wealth creation is a time consuming, easy to understand and very difficult to implement process. There are no cut fast rules on how to create wealth. Deepak Parekh, Uday Kotak, Rashesh Shah, Nirmal Jain, Raheja, Hiranandani, Narayanamurthy, Nandan Nilenkani, Aditya Puri, Sachin Tendulkar, Shah Rukh Khan, Preity Zinta, are all people who have created wealth […]